European tech regulations are barriers to trade that disproportionately affect American companies, according to a U.S. trade report published one day before President Trump’s planned reciprocal tariffs.
European officials are weighing deploying a tool called the anti-coercion instrument that would potentially target American tech and financial giants.
Trump unveils 10% reciprocal tariff on imports from UK and 20% on EU in global trade shake-up - Donald Trump has announced a reciprocal tariff of 10% on Britain
Italian Prime Minister Georgia Meloni has described as "wrong" the announcement by US President Donald Trump of a 20% tariff on imports from the European Union.
President Donald Trump and his advisers landed on tariffs of at least 10% on imports, with nearly 60 countries and the EU facing even higher taxes.
President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
2hon MSN
The aggressive rhetoric comes as Trump shows a willingness to dismantle a global economic system that the United States helped to build after World War II.
The European Union is delaying until mid-April its retaliatory trade action over the Trump administration’s increase in tariffs on all steel and aluminum imports.
President Trump has promised to roll out taxes on imports from other countries on Wednesday. European Commission president says EU, if forced to do so, will retaliate.